Association of Residential Managing Agents

Members' Area

TCX1: UNDERSTANDING RESIDENTIAL PROPERTY MANAGEMENT

LONDON - ARMA OFFICES SW19 4DP

Date: 30/03/20

Duration: 14 hours

Start Time: 09:30

End Time: 05:00

Price for Members of ARMA: £350.00+VAT

Price for Non-member: £500.00+VAT

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Description

A two-day interactive training course, run by ARMA’s Technical Officer, for those looking to gain a wider knowledge of residential leasehold property management. It will provide an in-depth look at the controls and processes required to effectively manage a leasehold block.


Content

WHAT THE COURSE COVERS:

• The legal framework

This section covers the legal framework in which managing agents of residential leasehold properties operate. It covers the codes of practice, contract law, leases, management agreements, Acts of Parliament and case law that are aimed specifically at leasehold property.

• The First-tier Tribunal (Property Chamber)

Those attending will be equipped with a knowledge of the role of the Tribunal, the application process and the format of proceedings.

• Section 20 consultation

Attendees will learn of the requirements and procedures of Section 20 consultation (Qualifying Works and Qualifying Long-Term Agreements), dispensation and a growing body of case law.

• Financial control

This section will walk through the financial year of a property from creating a service charge budget, long-term maintenance plans and budgeting for reserve and sinking funds, managing the service charge account, bank accounts and fees to service charge year-end accounts and effective debt recovery.

• The building

Throughout the course, attendees will gain knowledge of the basic elements of a building; its life cycle, maintenance responsibilities, managing contracts, defects, insurance and insurance claims.

• Health & safety responsibilities

Those attending will be introduced to the minimum health and safety knowledge essential to managing leasehold blocks, giving them comfort to perform their day job safely. This will include the duty of care, regulatory framework and risk assessments.

 


Audience

This course is ideal for those with existing experience in residential property management and who wish to gain wider or more specific knowledge of the sector, or as an in-depth refresher, and those moving from letting to residential leasehold management.